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Report Overview
The Peru paints and coatings market size reached approximately USD 399.50 Million in 2024. The market is projected to grow at a CAGR of 3.50% between 2025 and 2034, reaching a value of around USD 563.53 Million by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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In May 2021, Peru adopted the Lead Paint Law, aiding the demand for low-VOC paints.
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The rapid growth of the e-commerce sector, coupled with the robust development of traditional retail, has transformed the accessibility of paints and coatings for consumers.
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Under Peru’s National Infrastructure Plan (PNIC), launched in 2019, the Peruvian government prioritises 52 infrastructure projects, two-thirds of which are in the transportation and communications sector. These projects are expected to be completed by 2025.
Peru Paints and Coatings Market Competitive Landscape
The paints and coatings market in Peru is assessed to be fragmented in nature with a presence of several global and domestic players in the market.
| Company Name | Year Founded | Headquarters | Products/Services |
| Pinturas Color Chile | 2015 | Región Metropolitana, Chile | Nano copper paints, latex, water-based enamel, pastes, textures, etc. |
| Sherwin-Williams Company | 1866 | Ohio, United States | Architectural: Loxon Long Lasting Super-Elastic Fronts, Loxon Long Duration Fiber Roofs, Loxon Long-Lasting Anti-Stains Matte, etc. Industrial coatings: valPure® non-BPA solutions, exterior superpaint, interior superpaint, etc. |
| PPG Industries, Inc. | 1883 | Pittsburgh, United States | Paint and coatings brands: Envirobase, Deltron, Ixell, Steelguard, Innovel ®, Hoba™, etc. |
| WEG S.A. | 1961 | Jaraguá do Sul, Brazil | Industrial and anticorrosive liquid coatings, versatile advanced powder coatings, automotive refinishing, etc. |
Other key players in the paints and coatings market in Peru include Akzo Nobel N.V., Benjamin Moore & Co., Lanco Manufacturing Corp., and Qroma S.A., among others.
Peru Paints and Coatings Market Report Snapshots
Peru Paints and Coatings Market Size
Peru Paints and Coatings Market Trends
Peru Paints and Coatings Market Share
Peru Paints and Coatings Companies
Peru Paints and Coatings Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the Peru paints and coatings market reached an approximate value of USD 399.50 Million.
The market is expected to grow at a CAGR of 3.50% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 563.53 Million by 2034.
Paints are a mixture or dispersion of opaque pigments or powders in a liquid. Coatings are paint-like materials used in varnishes and inorganic binders.
The common construction coatings used in construction include acrylic, epoxy resin, and polyurethane coatings.
The major drivers of the market include the rising residential construction, modernising of the infrastructural sector, and demand for low-VOC paints.
Key trends aiding market expansion include government initiatives to enhance the sustainability of the paints and coatings sector, growing demand for automobiles, and demand for decorative paints and coatings.
The major resin types are acrylic, alkyd, epoxy, polyester, polyurethane, and others.
The major applications of paints and coatings include architectural/ decorative and industrial.
The major players in the market are Akzo Nobel N.V., PPG Industries, Inc., Qroma S.A., The Sherwin-Williams Company, Benjamin Moore & Co., WEG S.A., Lanco Manufacturing Corp., and Pinturas Color Chile, among others.
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